Principals of Accounting (I and II) and Economics
(I and II) and Statistics are prerequisites for this course.

Calculator

It is recommended that you have a financial calculator
to use throughout the course. Many of the problems require complex arithmetic
operations, and a financial calculator is necessary to solve these problems
efficiently. This is especially true for exams.

I recommend either an HP or a TI BA-II Plus. I can
help you learn these calculators and they both do NPV and IRR’s
on uneven cash flows. This may not mean much to you now, but it will after
the first test. The HP 10B or TI BA-II Plus (preferred) cost about $30
at Service Merchandise, Target etc. Some of the
homework assignments also provide an excellent opportunity to use a computerized
spreadsheet solution. You are encouraged to use the computer for these
assignments whenever possible.

Course Objectives

Introduce you to finance theory, as it
applies to the financial operations of business corporations. This includes
the goal of the firm, problems to acquiring the goal, capital structure
and capital budgeting.

Introduce you to the concepts of risk,
rates of return, and the valuation of assets. Specific topics include the
time value of money, asset valuation models, risk measurement, and financial
statement analysis.

Test and Grading

Homework

10

2 Tests @ 30 Points Each

60

Comprehensive Final Exam

30

Total

100

I expect regular class attendance. I realize there are
legitimate reasons for some missed classes. These absences will be approved
by the Vice President of Academic Affairs. Students anticipating authorized
absences cannot afford to miss classes for other reasons. Students
may be administratively dropped from class due to excessive absences.

Missed exams will be made up on the scheduled Business
School make up dates, or as agreed with the instructor.